NOT LISTED FOR SALE

1507 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,344,000 - $1,920,000

8 Beds
6.5 Baths
2,912 Sq Ft
0.25 Acres

Last Sold March 19, 2015

Last sale price $290,000 $100 Per Sq Ft

Est. 444% increase in value since last sale

Current estimated payment $8,902/month

14 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Outdoor Shower
  • White Oak Elementary School Rated A-
  • Deck
  • Tile Flooring

About This Home

As of March 2015

Subject is one property but split into 2 duplexes.West side has 4 bedrooms 3.5 baths.East side has 4 bedrooms 3 baths.Property is going to auction. Online auction only 02/21-02/24.

Last Agent to Sell the Property

Candace Burns

Racing Realty USA, LLC License #168480 Listed on: 01/30/2015

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1981

Lot Details

  • Ocean Front

Parking

  • Dirt Driveway

Home Design

  • Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck

Utilities

  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 632413042412000

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,017

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1981
  • Road Frontage Type: Ocean Front
  • Special Features: 1028
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 119.51
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 8
  • Number Rooms: 10
  • Sq Ft Heated: 2912.00
  • Total Heated Primary Separate Sq Ft: 2912.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Dirt

Utilities

  • Cooling System: None
  • Heating System: None
  • Utilities: Municipal Water, Septic On Site

Lot Info

  • Deed Page: 302.00
  • Lot Acres: 0.25
  • Lot Dimensions: 75 X 150 X 75 X 150
  • Lot Sq Ft: 10890.00
  • Lot Water Features: Ocean Side
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 632413042412000
  • Total Real Estate Property Taxes: 2017.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Mathis Alfred Ray and A Ray Mathis Revocable Living
Bought by
Dick Norman J and Anikina Dick Tatiana
Current Estimated Value
$1,577,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,328
Outstanding Balance
$807,970
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$769,592

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 13, 2015
Sold by
The Bank Of New York Mellon
Bought by
A Ray Mathis Revocable Living Trust
Seller's Agent
Candace Burns
Racing Realty USA, LLC
Buyer's Agent
A Non Member
A Non Member
List Price
$348,000
Sold Price
$290,000
Premium/Discount to List
-$58,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%

Purchase Details

Closed on
Nov 18, 2010
Sold by
Bober William J and Bober Victoria A
Bought by
Vacation Homes Of The World Inc

Purchase Details

Closed on
May 10, 2005
Sold by
Davidson Robert J and Davidson Susan J
Bought by
Bober William J and Bober Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dick Norman J $1,055,000 None Available
A Ray Mathis Revocable Living Trust $304,500 Attorney
Vacation Homes Of The World Inc -- None Available
Bober William J $1,050,000 None Available
-- $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dick Norman J $896,328
Previous Owner Bober William J $784,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $290,000 -16.7% $100 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $348,000 -- $120 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,459 $1,616,633 $1,048,874 $567,759
2024 $4,902 $771,443 $571,200 $200,243
2023 $4,809 $771,443 $571,200 $200,243
2022 $4,508 $736,960 $571,200 $165,760
2021 $0 $732,340 $571,200 $161,140
2020 $4,370 $732,340 $571,200 $161,140
2019 $1,722 $550,598 $365,400 $185,198
2017 $1,722 $550,598 $365,400 $185,198
2016 $1,722 $550,598 $365,400 $185,198
2015 $1,667 $550,598 $365,400 $185,198
2014 $2,017 $667,365 $454,860 $212,505
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Candace Burns

    Racing Realty USA, LLC

    (910) 330-7934

    9 Total Sales

    Candace Burns
    Section Image

  • A

    Buyer's Agent in 2015

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 11500465

Hive MLS

APN: 6324.13.04.2412000

North Carolina Carteret County Emerald Isle 28594

1507 Ocean Dr, Emerald Isle, NC

This home is located at 1507 Ocean Dr, Emerald Isle, NC 28594 since 30 January 2015 and is currently estimated at $1,577,562, approximately $541 per square foot. This property was built in 1981. 1507 Ocean Dr is a home located in Carteret County with nearby schools including White Oak Elementary School, Broad Creek Middle School, and Croatan High School.

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